iShares 0-3 Month Treasury Bond ETF $SGOV Shares Newly Acquired by Navigate Wealth Management LLC

Navigate Wealth Management LLC purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) during the 3rd quarter, HoldingsChannel reports. The firm purchased 212,185 shares of the company’s stock, valued at approximately $21,327,000. iShares 0-3 Month Treasury Bond ETF accounts for about 12.9% of Navigate Wealth Management LLC’s holdings, making the stock its biggest holding.

Several other large investors have also added to or reduced their stakes in SGOV. Bank of America Corp DE increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 13.2% in the first quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock valued at $1,225,082,000 after purchasing an additional 1,420,276 shares during the period. Confluence Investment Management LLC lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 59.0% during the second quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock worth $280,669,000 after purchasing an additional 1,034,498 shares during the period. Royal Bank of Canada lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 14.5% during the first quarter. Royal Bank of Canada now owns 2,691,521 shares of the company’s stock worth $270,929,000 after purchasing an additional 341,164 shares during the period. Cetera Investment Advisers boosted its position in iShares 0-3 Month Treasury Bond ETF by 12.3% in the first quarter. Cetera Investment Advisers now owns 2,142,221 shares of the company’s stock valued at $215,636,000 after buying an additional 234,797 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in iShares 0-3 Month Treasury Bond ETF by 8.6% in the fourth quarter. Captrust Financial Advisors now owns 2,007,142 shares of the company’s stock valued at $201,477,000 after buying an additional 159,642 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

NYSE:SGOV traded up $0.01 during midday trading on Wednesday, hitting $100.53. The company’s stock had a trading volume of 14,175,488 shares, compared to its average volume of 19,710,357. iShares 0-3 Month Treasury Bond ETF has a fifty-two week low of $100.27 and a fifty-two week high of $100.73. The firm’s 50 day moving average is $100.54 and its 200-day moving average is $100.55.

About iShares 0-3 Month Treasury Bond ETF

The iShares 0-3 Month Treasury Bond ETF (SGOV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasurys maturing in less than or equal to three months. SGOV was launched on May 26, 2020 and is managed by BlackRock.